The expenditure for constructing flyovers varies widely based on factors such as location, design complexity, materials used, and local labor costs. On average, costs can range from several million to hundreds of millions of dollars. Additional expenses may include land acquisition, environmental assessments, and ongoing maintenance. Overall, detailed feasibility studies are essential for accurate budgeting.
Any asset purchased for short term with the intention to resale it OR any repair, replacement, which is done to maintain a standard of activity level is termed as revenue expenditure. A car purchased for the purpose of resale is revenue expenditure, on the contrary if the car is purchased and is used for the purpose of the company then it is considered as a capital expenditure.
Induced expenditure refers to the portion of spending that varies with the level of income in an economy. As individuals' incomes increase, their consumption tends to rise, leading to higher overall demand for goods and services. This concept is often contrasted with autonomous expenditure, which remains constant regardless of income levels. Induced expenditure is a key component in understanding how changes in income affect economic growth and demand.
Fixed Cost is the cost which remains constant at all levels of production during short period. It is the basic expenditure requirement of a business which is needed even at zero level of production. example: minimum telephone expenses
Raising revenue for the provision of public goods (e.g., maintenance of law and order, national defense)-Is there an "optimal" way for raising the net revenue (i.e., revenue collected less the costs of collection and enforcement) necessary to support a given level of public expenditure? The "optimum" should be defined taking into account other social objectives, e.g., public health, sustainability, and externalities
what does income level mean?
How does the leakages and injections in the aggregate expenditure model influence the level of GDP of an economy?
to the level of disposible income
Any asset purchased for short term with the intention to resale it OR any repair, replacement, which is done to maintain a standard of activity level is termed as revenue expenditure. A car purchased for the purpose of resale is revenue expenditure, on the contrary if the car is purchased and is used for the purpose of the company then it is considered as a capital expenditure.
There is no minimum level yopu just need the recipe and ingredients
In the short run, equilibrium GDP is the level of output at which output and aggregate expenditure are equal
A spirit level or a plumb line.
the optimal level of advertising expenditure for the firm is determined where the marginal revenue increase in costs of advertising are equal to the marginal increase in revenue
Induced expenditure refers to the portion of spending that varies with the level of income in an economy. As individuals' incomes increase, their consumption tends to rise, leading to higher overall demand for goods and services. This concept is often contrasted with autonomous expenditure, which remains constant regardless of income levels. Induced expenditure is a key component in understanding how changes in income affect economic growth and demand.
No. Total daily caloric expenditure takes into consideration your body fat percentage and your average daily activity level. Bmr is the number of calories you would burn over 24hrs while lying down.
the function that represents total spending in an economy at a given level of real disposable income.
No. Total daily caloric expenditure takes into consideration your body fat percentage and your average daily activity level. Bmr is the number of calories you would burn over 24hrs while lying down.
Local Level, Regional Level, and Global Level